TSLA404.110-5.88%
GM72.630-0.47%
F13.0600.03%
RIVN12.900-0.45%
CYD50.420-0.02%
HMC25.3200.11%
TM185.470-1.9%
CVNA63.415-2.605%
PAG156.460-3.29%
LAD257.090-7.8%
AN178.590-3.35%
GPI305.470-11.71%
ABG177.5001.22%
SAH72.870-1.19%
TSLA404.110-5.88%
GM72.630-0.47%
F13.0600.03%
RIVN12.900-0.45%
CYD50.420-0.02%
HMC25.3200.11%
TM185.470-1.9%
CVNA63.415-2.605%
PAG156.460-3.29%
LAD257.090-7.8%
AN178.590-3.35%
GPI305.470-11.71%
ABG177.5001.22%
SAH72.870-1.19%
TSLA404.110-5.88%
GM72.630-0.47%
F13.0600.03%
RIVN12.900-0.45%
CYD50.420-0.02%
HMC25.3200.11%
TM185.470-1.9%
CVNA63.415-2.605%
PAG156.460-3.29%
LAD257.090-7.8%
AN178.590-3.35%
GPI305.470-11.71%
ABG177.5001.22%
SAH72.870-1.19%

Headlines

supplies improving, Bank of America

New data indicates chip supplies improving but not for every automaker

- February 20, 2023
Despite supply chain shortages improving, new data indicates that some automakers still feel pinched more acutely than others.  Honda informed shareholders that despite the growing semiconductor shortage, it had nonetheless lowered...
Articles Headlines
automotive industry news

Weekly Roundup: Dealer principal Mike Maroone’s view from the top and Tesla retaliates to union campaign

- February 17, 2023
Weekly Roundup: Tesla workers launched a unionizing campaign at Giga New York—layoffs swiftly followed, Toyota visionary Shoichiro Toyoda passed away at 97, Hyundai unveiled vehicle subscription service Evolve+, and more headlines to...
Daily Automotive News Articles
VinFast Vingroup

Founder of VinFast’s parent company vows to stop investing personal funds in the EV startup

- February 17, 2023
For EV startups, it's a challenging world. Many are battling to stay afloat as expenses soar, financing becomes more difficult to come by, and earnings remain elusive. However, VinFast, which...
Articles Headlines
U.S. luxury market

Tesla wins top spot in U.S. luxury market, first American winner in 25 years

- February 17, 2023
Tesla has become the first American brand in 25 years to reach the top of the U.S. luxury market, beating out 2021's winner BMW. In total, the EV maker sold 491,000...
Articles Headlines
Market Scan S&P Global Mobility

S&P Global Mobility enhances data and product offerings with acquisition of Market Scan

- February 17, 2023
SOUTHFIELD, MICH., February 16, 2023 — S&P Global Mobility has announced the acquisition of Market Scan Information Systems, Inc., a leading provider of automotive pricing and incentive intelligence, including Automotive Payments...
Headlines Daily Automotive News
Sonic Automotive

Sonic Automotive posts record breaking Q4 results for 2022

- February 17, 2023
Sonic Automotive has revealed record-breaking fourth quarter results in its earnings report, with sizable gains in revenue and profit. In Q4, the North Carolina dealer group earned $3.59 billion in revenue...
Articles Headlines

Dozens of Tesla workers fired at Giga New York after launching union campaign

- February 17, 2023
According to a recent lawsuit filed with the US National Labor Relations Board, Tesla has fired dozens of workers at the Giga New York factory as a result of a...
Articles Headlines
lightning factory

Ford Lightning factory shuts down for three weeks due to a battery related fire

- February 16, 2023
Ford's F-150 Lightning factory in Dearborn, Michigan has been shut down since last week due to a fire caused by a battery issue. The facility, which the automaker predicted would build...
Articles Headlines
new vehicle inventory, New vehicle affordability

New vehicle affordability improves for the first time in 6 months — Cox Automotive

- February 16, 2023
In January, the Cox Automotive/Moody's Car Affordability Index showed an improvement for the first time in six months in new vehicle affordability. Auto loan rates hitting a new 20-year high...
Articles Headlines
Biden plan, chargers

Tesla commits to opening up 7,500 chargers to other EVs under Biden plan

- February 16, 2023
The Biden administration released the long-awaited final regulations for its nationwide network of EV chargers, stipulating that the charges must be manufactured in the U.S.  In 2024, 55% of the EV...
Articles Headlines

Latest Articles

CBT News heads to Washington, D.C., to host Auto Leadership Summit
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TrueCar says it will now include mandatory dealer fees in advertised vehicle prices, exceeding FTC standards.
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Elon Musk predicts self-driving domination within a decade as Tesla, Waymo face new recalls
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S&P Global Mobility opens FeeSync to entire automotive industry at no cost, establishing first-of-its-kind dealer fee transparency infrastructure
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EV fee bill sparks backlash, Stellantis outlines U.S. turnaround, Nissan boosts retail share
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House bill targeting EV and PHEV owners sparks environmental backlash
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Stellantis CEO Antonio Filosa to unveil turnaround strategy focused on U.S. recovery
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Nissan says dealer-focused strategy
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Nissan says dealer-focused strategy boosted retail market share

Rising gas prices push shoppers toward hybrids and used vehicles
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Cox Automotive's Derek Hansen talks about how AI is reshaping used-vehicle sales and sourcing as inventory hits historic lows.
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How AI is reshaping used-vehicle sales and sourcing as inventory hits historic lows

CBT News
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